CZI
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0.00% 22.0¢ cassini resources limited

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  1. sounda- removed
    1,088 Posts.
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    13/08/14
    00:34
    Post #: 13808155
    "I still can't fathom why BHP gave this away!!"

    They have covered the back door with smelter / production royalties.
    1. A 2% net smelter royalty and,
    2. A 12 month production milestone payment of $10m

    Irregardless, it is still a very good deal for CZI.
    CZI Price at posting: 24.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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